Funding you earn now, next payment 05:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.004%
Price spread now: BloFin against Pacifica−0.044%7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now −0.044%, 7d avg −0.023%
=Together, before fees−0.097%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.021% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.023%). If the spread goes back, that is −$2 on $10k: about 38 hours of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.028% in total) that is about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.1757 | 0.0100 | pay 0.0013% / 1h | 25m 17s | $137K | $178K | 5x |
| Short | BloFin ZRO-USDT | 1.1752 | 0.0145 | get 0.0072% / 4h | 3h 25m | $1.1M | $250K | 75x |
Pacifica ZRO
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.35
- Price spread: −0.044% → −0.023%
- −$2.11
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.76
- Costs to cover
- 0.200%
- Break-even
- 16.5 days
Slippage unknown: Pacifica: live order book, 27 min ago; BloFin: live order book, 7 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 27 min ago | 3.38 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.28 bp | 11.1 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
ZRO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0049% | 4h | 1.1758 | +0.007% | $21K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1757 | −0.002% | $159K | $150K | 10x | as long as short |
| Pacifica ZROlong | +0.0100% | 1h | 1.1757 | long leg | $137K | $178K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1750 | −0.061% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1742 | −0.129% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1750 | −0.061% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1750 | −0.061% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1756 | −0.010% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1757 | −0.002% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1748 | −0.078% | $2.7M | $2.6M | 75x | as long as short |
Orderly PERP_ZRO_USDC
Aster ZROUSDT
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | +0.0100% | 4h | 1.1757 | −0.002% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1753 | −0.036% | $98K | $222K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1739 | −0.152% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1760 | +0.024% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1761 | +0.032% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1747 | −0.090% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0111% | 1h | 1.1754 | −0.028% | $21K | $4K | 5x | as long as short |
| Lighter ZRO | +0.0136% | 1h | 1.1774 | +0.146% | $4.4M | $1.2M | 5x | as long as short |
| BloFin ZRO-USDTshort | +0.0145% | 4h | 1.1752 | −0.044% | $1.1M | $250K | 75x | |
| Nado ZRO-PERP | +0.0226% | 1h | 1.1756 | −0.009% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1752 | −0.048% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0352% | 1h | 1.1769 | +0.103% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0461% | 1h | 1.1763 | +0.047% | $257K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0584% | 1h | 1.1773 | +0.134% | $37.4M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1136% | 1h | 1.1749 | −0.067% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1800 | +0.364% | $12K | $261K | 12x | as long as short |
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Lighter ZRO
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP